Raising a child is one of the most rewarding experiences in life, but it can also be one of the most expensive. The United States Department of Agriculture (USDA) releases an annual report on the cost of raising a child, which is often used as a benchmark for budgeting for new parents. However, many parents question the accuracy of these estimates and wonder if they are truly reflective of the actual costs of raising a child. In this post, we will take a closer look at the true cost of raising a child and debunk some of the USDA estimates.
